Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. CS for SB 1488
                        Barcode 131928
                            CHAMBER ACTION
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11  The Committee on General Government Appropriations (Garcia)
12  recommended the following amendment:
13  
14         Senate Amendment (with title amendment) 
15         On page 58, line 24, through
16            page 66, line 10, delete those lines
17  
18  and insert:  
19         Section 16.  Section 627.706, Florida Statutes, is
20  amended to read:
21         627.706  Sinkhole insurance; definitions.--
22         (1)  Every insurer authorized to transact property
23  insurance in this state shall make available coverage for
24  insurable sinkhole losses on any structure, including contents
25  of personal property contained therein, to the extent provided
26  in the form to which the sinkhole coverage attaches.
27         (2)  As used in ss. 627.706-627.7074, and as used in
28  connection with any policy providing coverage for sinkhole
29  losses:
30         (a)  "Sinkhole" means a landform created by subsidence
31  of soil, sediment, or rock as underlying strata are dissolved
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    10:03 PM   04/19/05                          s1488c1c-ga40-tb2

Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 by ground water. A sinkhole may form by collapse into 2 subterranean voids created by dissolution of limestone or 3 dolostone or by subsidence as these strata are dissolved. 4 (b)(2) "Sinkhole loss" means structural damage to the 5 building caused by sinkhole activity. Contents coverage shall 6 apply only if there is structural damage to the building 7 caused by sinkhole activity. 8 (c)(3) "Sinkhole activity loss" means actual physical 9 damage to the property covered arising out of or caused by 10 sudden settlement or systematic weakening collapse of the 11 earth supporting such property only when such settlement or 12 systematic weakening collapse results from movement or 13 raveling of soils, sediments, or rock materials into 14 subterranean voids created by the effect action of water on a 15 limestone or similar rock formation. 16 (d) "Engineer" means a person, as defined in s. 17 471.005, who has a bachelor degree or higher in engineering 18 with a specialty in the geotechnical engineering field. An 19 engineer must have geotechnical experience and expertise in 20 the identification of sinkhole activity as well as other 21 potential causes of damage to the structure. 22 (e) "Professional geologist" means a person, as 23 defined by s. 492.102, who has a bachelor degree or higher in 24 geology or related earth science with expertise in the geology 25 of Florida. A professional geologist must have geological 26 experience and expertise in the identification of sinkhole 27 activity as well as other potential causes of damage to the 28 structure. 29 (3)(4) Every insurer authorized to transact property 30 insurance in this state shall make a proper filing with the 31 office for the purpose of extending the appropriate forms of 2 10:03 PM 04/19/05 s1488c1c-ga40-tb2
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 property insurance to include coverage for insurable sinkhole 2 losses. 3 Section 17. Section 627.707, Florida Statutes, is 4 amended to read: 5 627.707 Minimum Standards for investigation of 6 sinkhole claims by insurers; nonrenewals.-- 7 (1) Upon receipt of a claim for a sinkhole loss, an 8 insurer must meet the following minimum standards in 9 investigating a claim: 10 (1)(a) Upon receipt of a claim for a sinkhole loss, 11 The insurer must make an inspection of the insured's premises 12 to determine if there has been physical damage to the 13 structure which may might be the result of sinkhole activity. 14 (b) If, upon the investigation pursuant to paragraph 15 (a), the insurer discovers damage to a structure which is 16 consistent with sinkhole activity or if the structure is 17 located in close proximity to a structure in which sinkhole 18 damage has been verified, then prior to denying a claim, the 19 insurer must obtain a written certification from an individual 20 qualified to determine the existence of sinkhole activity, 21 stating that the cause of the claim is not sinkhole activity, 22 and that the analysis conducted was of sufficient scope to 23 eliminate sinkhole activity as the cause of damage within a 24 reasonable professional probability. The written 25 certification must also specify the professional discipline 26 and professional licensure or registration under which the 27 analysis was conducted. 28 (2) Following the insurer's initial inspection, the 29 insurer shall engage an engineer and a professional geologist 30 to conduct testing as provided in s. 627.7072 to determine the 31 cause of the loss within a reasonable professional probability 3 10:03 PM 04/19/05 s1488c1c-ga40-tb2
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 and issue a report as provided in s. 627.7073, if: 2 (a) The insurer is unable to identify a valid cause of 3 the damage or discovers damage to the structure which is 4 consistent with sinkhole loss; or 5 (b) The policyholder demands testing in accordance 6 with this section or s. 627.7072. 7 (3) Following the initial inspection of the insured 8 premises, the insurer shall provide written notice to the 9 policyholder containing the following disclosure: 10 (a) What the insurer has determined to be the cause of 11 damage, if it has made such a determination. 12 (b) A statement of the circumstances under which the 13 insurer is required to engage an engineer and a professional 14 geologist to verify or eliminate sinkhole loss and to make 15 recommendations regarding land and building stabilization and 16 foundation repair. 17 (c) A statement regarding the right of the 18 policyholder to request testing by an engineer and a 19 professional geologist and the circumstances under which the 20 policyholder may demand certain testing. 21 (4) If the insurer determines that there is no 22 sinkhole loss, the insurer may deny the claim. If the insurer 23 denies the claim, the policyholder may demand testing under s. 24 627.7072. The policyholder's demand for testing must be 25 communicated to the insurer in writing after the 26 policyholder's receipt of insurer's denial of the claim. 27 (5)(a) If a sinkhole loss is verified, the insurer 28 shall pay to stabilize the land and building, and repair the 29 foundation in accordance with the recommendations of the 30 engineer and the professional geologist as provided under s. 31 627.7073, and in consultation with the policyholder, subject 4 10:03 PM 04/19/05 s1488c1c-ga40-tb2
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 to the coverage and terms of the policy. The insurer shall pay 2 for other repairs to the structure and contents in accordance 3 with the terms of the policy. 4 (b) For a personal lines residential policy, the 5 insurer may limit its payment to the actual cash value of the 6 sinkhole loss until such time as expenses related to land and 7 building stabilization and foundation repairs are incurred. 8 The insurer has no liability for the work performed unless it 9 agrees to such liability in writing. 10 (6) Except as provided in subsection (7), the fees and 11 costs of the engineer or the professional geologist shall be 12 paid by the insurer. 13 (7)(c) If the insurer obtains, pursuant to s. 627.7073 14 paragraph (b), written certification that there is no sinkhole 15 loss or that the cause of the damage claim was not sinkhole 16 activity, and if the policyholder has submitted the sinkhole 17 claim without good faith grounds for submitting such claim, 18 the policyholder shall reimburse the insurer for 50 percent of 19 the actual costs cost of the analyses and services provided 20 under ss. 627.7072 and 627.7073 analysis under paragraph (b); 21 however, a policyholder is not required to reimburse an 22 insurer more than $2,500 with respect to any claim. A 23 policyholder is required to pay reimbursement under this 24 subsection paragraph only if the insurer, prior to ordering 25 the analysis under s. 627.7072 paragraph (b), informs the 26 policyholder in writing of the policyholder's potential 27 liability for reimbursement and gives the policyholder the 28 opportunity to withdraw the claim. 29 (8)(2) No insurer shall nonrenew any policy of 30 property insurance on the basis of filing of claims for 31 partial loss caused by sinkhole damage or clay shrinkage as 5 10:03 PM 04/19/05 s1488c1c-ga40-tb2
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 long as the total of such payments does not exceed the current 2 policy limits of coverage for property damage, and provided 3 the insured has repaired the structure in accordance with the 4 engineering recommendations upon which any payment or policy 5 proceeds were based. 6 (9) The insurer may engage a structural engineer to 7 make recommendations as to repair of the structure. 8 Section 18. Section 627.7072, Florida Statutes, is 9 created to read: 10 627.7072 Testing standards for sinkholes.-- 11 (1) The engineer and professional geologist shall 12 perform such tests as sufficient, in their professional 13 opinion, to determine the presence or absence of sinkhole loss 14 or other cause of damage within reasonable professional 15 probability, and to make recommendations regarding necessary 16 building stabilization and foundation repair. 17 (2) Testing shall be conducted in compliance with the 18 Florida Geological Survey Special Publication No. 57 (2005). 19 Section 19. Section 627.7073, Florida Statutes, is 20 created to read: 21 627.7073 Sinkhole reports.-- 22 (1) Upon completion of testing as provided in s. 23 627.7072, the engineer or professional geologist shall issue a 24 report and certification to the insurer and the policyholder 25 as provided in this section. 26 (a) Sinkhole loss is verified if, based upon tests 27 performed in accordance with s. 627.7072, an engineer or a 28 professional geologist issues a written report and 29 certification stating: 30 1. That the cause of the actual physical and 31 structural damage is sinkhole activity within a reasonable 6 10:03 PM 04/19/05 s1488c1c-ga40-tb2
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 professional probability. 2 2. That the analyses conducted were of sufficient 3 scope to identify sinkhole activity as the cause of damage 4 within a reasonable professional probability. 5 3. A description of the tests performed. 6 4. A recommendation of methods for stabilizing the 7 land and building, and for making repairs to the foundation. 8 (b) If sinkhole activity is eliminated as the cause of 9 damage to the structure, the engineer or professional 10 geologist shall issue a written report and certification to 11 the policyholder and the insurer stating: 12 1. That the cause of the damage is not sinkhole 13 activity within a reasonable professional probability. 14 2. That the analyses and tests conducted were of 15 sufficient scope to eliminate sinkhole activity as the cause 16 of damage within a reasonable professional probability. 17 3. A statement of the cause of the damage within a 18 reasonable professional probability. 19 4. A description of the tests performed. 20 (c) The respective findings, opinions and 21 recommendations of the engineer or professional geologist as 22 to the verification of a sinkhole loss, land and building 23 stabilization, foundation repair, and elimination of sinkhole 24 loss shall be presumed correct. 25 (2) Any insurer that has paid a claim for a sinkhole 26 loss shall file a copy of the report and certification 27 prepared pursuant to subsection (1), with the county property 28 appraiser, who shall record the report and certification with 29 the parcel number. The insurer shall bear the cost of filing 30 and recording the report and certification. There shall be no 31 cause of action or liability against an insurer for compliance 7 10:03 PM 04/19/05 s1488c1c-ga40-tb2
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. CS for SB 1488 Barcode 131928 1 with this section. 2 3 (Redesignate subsequent sections.) 4 5 6 ================ T I T L E A M E N D M E N T =============== 7 And the title is amended as follows: 8 On page 4, line 22, through 9 page 5, line 12, delete those lines 10 11 and insert: 12 creating s. 627.7072, F.S.; providing testing 13 standards for sinkholes; creating s. 627.7073, 14 F.S.; providing requirements for reports issued 15 by engineers and professional geologists; 16 requiring certain reports and certifications to 17 be issued to the policyholder and the insurer; 18 requiring that the insurer file a copy of the 19 report and certification with the county 20 property appraiser to be recorded with the 21 parcel number 22 23 24 25 26 27 28 29 30 31 8 10:03 PM 04/19/05 s1488c1c-ga40-tb2